article thumbnail

Hyundai Motor, Kia Motors and LG Chem launch global competition to invest in EV and battery start-ups

Green Car Congress

Hyundai Motor Company, Kia Motors Corporation, and LG Chem are jointly sponsoring the “EV & Battery Challenge” (EVBC), a global competition to identify up to 10 EV and battery start-ups for potential investment and collaboration. New Energy Nexus, the international start-up support organization, will manage and facilitate the competition.

Kia 170
article thumbnail

What the destiny holds for showrooms

Baua Electric

s feet of electrical automobiles and inventions in alternative retail sectors are changing how dealerships shall be designed, with showrooms shrinking, carrier grounds rising and consumers’ first issues of touch converting, say professionals within the farmland. On-line analysis, the be on one?s

Kia 52
article thumbnail

Transportation sector stakeholders launch Veloz in California to accelerate adoption of EVs

Green Car Congress

In California, public and private stakeholders in the transportation sector launched a new organization— Veloz —to accelerate the adoption of EVs. Veloz members include: Automakers, including GM, BMW Group, Honda, Nissan, Kia, Subaru, Daimler, Fiat Chrysler Automobiles and Ford.

article thumbnail

Study of Sustainable Value in Automobile Manufacturing Finds Mixed Performance for Most OEMs, BMW and Toyota as the Clear Leaders

Green Car Congress

The authors note that other leading manufacturers including Porsche, KIA or Chinese manufacturers are still not producing sufficient sustainability performance data.). Economic crisis, energy crisis, climate crisis and recent global developments have affected the automobile industry like few other sectors. Click to enlarge.

article thumbnail

Detroit auto display vows to form a comeback in 2023. However which automakers can the display trap again?

Baua Electric

Organizers are promising that the 2023 North American Global Detroit Auto Display will quality extra emblem participation and automobile unearths than extreme time, even supposing it’s concealed which firms plan to go back to the mid-September match. Gretchen Whitmer.

Detroit 52
article thumbnail

Who Will Survive Among the Legacy vs. Startup Auto OEMs?

EV Adoption

For every successful Tesla, dozens of EV startups will fail, get acquired, re-organize, or with companies like Bollinger — keep pivoting until they can hopefully find a sustainable business. Honda is getting crushed in California by Tesla, but Kia and Hyundai are the sleeping giants that pose just as a big of a threat.

Auto 52
article thumbnail

Hyundai Motor to invest $85B over next 10 years to accelerate transition to smart mobility provider

Green Car Congress

The next-generation platform will be used on 13 new dedicated EV models from Hyundai Motor Group’s automotive brands Hyundai, Kia and Genesis through 2030. The company has formed a dedicated organization for each function required for battery development and is securing/training specialized personnel.

Hyundai 284